OIL RISE !!oil has to much pressure between tow low volume areas
so we expect that we have the Butterfly pattern configuration
so its will be good chance for sell at the levels we expected as shown on the chart
Butterlfly
MMM 16 DEC 120/125/130 BUTTERFLYSIDEWAYS RANGE TRADE SET UP:
For the most part, this has been making relatively equal highs and lows between....let's call it 120 and 130. The 20 day and 50 day are flattening and it's not in any strong rally or strong pull back. I determined my target using the hour chart. I was thinking about having this expire this Friday, but I didn't feel that was enough time so I put it out until next week.
I'm set up for max loss and risking only about 1% of my portfolio.
BA 16 DEC 22 190/195/200 BRKN BUTTERFLYHIGH BASE SETUP:
For the last couple weeks BA has been basing and consolidating at the 9 day and on Friday it suhed higher and broke out. The overall market is down today and this is still holding up pretty good. My entry point was determined when BA traded above previous highs and closed above the highs Friday. I didn't want to get in Friday because I wanted to see how today played out. Today's price action solidified my entry.
I wanna see this run up to that upward yellow trend line by early next week, and then pull back into the apex of the trade. If this continues higher and doesn't come back down into the apex, I'll just close the entire combo and take profits.
If this falls back down below 170, I'll be positioned for max loss and risking a little under 2% of my portfolio.
I'll update this in the coming days to see where we're at.
Perfect automated detection of BlackSwan pattern - ShortA bearish-type big BlackSwan pattern occurred.
If the price rises to 0.87045, a bearish-type Butterfly pattern could occur.
Also on the daily chart, bearish-type BlackSwan pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
SNXUSDT (1H) Butterfly HarmonicThe information contained herein has been prepared for general information purposes only. The comments and recommendations contained herein are based on the personal opinions of commenters and recommenders. It should not be interpreted as a buy-sell recommendation or a promise of return on any investment instrument. These views may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
Perfect automated detection of Butterfly & DeepCrab PRZ- ShortA bearish-type Butterfly pattern occurred within the resistance zone of 1.0070-1.0110.
(In this resistance zone , there was a rebound in 13 Sep, 26 Aug,...)
If the price rises to 1.0198, a bearish-type DeepCrab pattern could occur.
Also on the daily chart, bearish-type Butterfly pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
LINKUSDT Monthly Inside Bar ZoneLINKUSDT price action is now returning to the Monthly Inside Bar Zone after rejection from neckline of the Head and Shoulders Top. I'm expecting a swing downward to fill the gap below the weekly volume POC by least at Monthly Inside Bar open level. This level seems to be a psychologic key level for traders that waiting for long positions opportunities. I'm considering, if price reaches this zone at the time of the US Market open, a strong pullback can occurs. Then a 2nd touch to superior trendline will be expected. Due to the bearish tendence of US market, specially after S&P500 made a lower low invalidating a possible double bottom, more lows can be expected. LINKUSDT will remains bearish below weekly volume POC @ USDT 7.00 zone when entering in a daily bearish momentum with a weekly candlestick bearish close. 2 weekly candles downward can be form a right shoulder on 1W chart due to a Butterfly as showed on comments below. Then a potential breakout from this monthly Inside Bar will be the frontier for bears to project new bearish impulsive wave.
Oscillator:
Fisher Transform H4 and 1D timeframes
Perfect automated detection of Butterfly & DeepCrab PRZ - ShortA Bearish-type Butterfly pattern occurred near the resistance zone of 1.5220-1.5260.
(In this resistance zone , there was a rebound in Jul 2022, Feb 2021,...)
If the price rises to 1.5248, a Bearish-type DeepCrab pattern is likely to occur.
Short after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO